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EXANTE launches the first investment fund based on a cryptocurrency index

24.08.2017

As you may have noticed, we have been paying a lot of attention to the cryptocurrency market lately. Today is the high point, as we are launching the world’s first investment fund based on an altcoin index!

XAI.Fund gives a unique opportunity to invest into the fast-growing cryptocurrency market right from your brokerage account — that’s easy, legal and secure! The fund is backed by the cryptocurrencies included into the index. As with investing in any other fund, the acquired assets are stored on the client’s account — in contrast to the direct investment in cryptocurrencies, when altcoins remain on the poorly protected electronic wallets. Besides, with XAI.Fund corporate clients now have a capability to legally invest into cryptocurrencies without experiencing problems with accounting or taxation.

The fund is based on the XNT Altcoin Index (XAI). We calculate it as a market cap weighted average sum of the included cryptocurrencies in US dollars. XAI reflects the dynamics of Ethereum, Ethereum Classic, Ripple, Monero, Litecoin, and Zcash. It is not by chance that we have opted for these cryptocurrencies: to date, they make up over 30% of entire cryptocurrencies market given that 45% are occupied by the Bitcoin. The cryptocurrencies have consistently been getting stronger. Only since the beginning of 2017, the index has grown 40 times.

We intentionally did not include Bitcoin in the index: thus, our market cap weighted index became even more promising. Watch the dynamics of XAI index in our trading platform!

Now fund share trading is available through a personal manager, but in the near future we will bring this trading option to the trading platform, too. The commission rate is standard — 0.5% of the transaction amount, no minimum. The minimum lot is 1/1000 of the index in US dollars.

Cryptocurrency market is growing fast, don’t miss the chance to earn on it! With XAI.Fund you find the convenience, security, and service the regular cryptocurrency market is lacking so much.

In order to invest in XAI.Fund today, please contact your personal manager or our support team at support@exante.eu, and we will assist you through the process.

Malta
XNT LTD. is incorporated as a Limited Liability Company under Malta Law, with the registration number C 52182.XNT LTD. is authorised to provide the Investment Services by the MFSA and governed by MiFID. Licenсe No.: IS/52182.Restricted Regions: XNT LTD. does not provide services for citizens of certain regions, such as The United States of America.

United Kingdom
XNT LTD. is entitled to provide services in the UK by using its passporting rights (Financial Conduct Authority FRN 620980).

Hong Kong
XHK LTD is incorporated as a Limited Liability Company under Hong Kong Law, with the registration number 2643270.XHK LTD is authorised to provide the Investment Services by SFC. Licenсe No.: BNN565.

Cyprus
EXT LTD is incorporated as a Limited Liability Company under Cyprus law, with the registration number HE 293592.EXT LTD is authorised to provide the Investment Services by CySEC. Licenсe No.: 165/12.

EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here.

Investing in certain instruments, including stocks, options, futures, foreign currencies, and bonds involve a high level of risk. Trading on margin comes with substantial risk as well. You must be aware of these risks before opening an account to trade. The income you may get from online investing may go down as well as up.